Mortgage Insurance
Life, Disability, Loss of Employment and Critical Illness Insurance
With mortgage insurance, your family's biggest debt is turned into its strongest asset. Mortgage insurance offers peace of mind to your family from mortgage payments, and saving them from financial stress during life's uncertainties.
Valuable family home coverage provides:
- Life, disability and loss of employment insurances
- Affordable group rate premiums
- Flexible single or joint coverage
- Non-smokers premiums
- Annual or monthly payments
Life Insurance Coverage:
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Maximum coverage of $500,000
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Maximum term of coverage is 35 years
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Maximum issue age is 64
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Coverage ceases at age 80
Disability Insurance:
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Maximum monthly benefit of $2,500
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Maximum term of coverage is 35 years
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Maximum issue age is 64
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Coverage ends at age 66
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Elimination period (before benefits become payable) is 60 day non-retroactive
Loss of Employment Insurance:
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Maximum monthly benefit of $2,500
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Maximum term of benefits is 9 months
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Maximum term of coverage is 35 years
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Maximum isuue age is 64
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Coverage ends at age 66
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Qualifying period (before benefits become payable) is 60 day non-retroactive
Critical Illness Insurance:
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Maximum coverage of $500,000
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Maximum period of coverage is 35 years
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Maximum issue age of 55
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Coverage ceases at age 70